Art. 706 1. Right of action and grounds

¹ The board of directors and every shareholder may challenge resolutions of the general meeting which violate the law or the articles of association by bringing action against the company before the court.

² In particular, challenges may be brought against resolutions which

1.: remove or restrict the rights of shareholders in breach of the law or the articles of association;
2.: remove or restrict the rights of shareholders in an improper manner;
3.: give rise to the unequal treatment or disadvantaging of the shareholders in a manner not justified by the company’s objects;
4.: transform the company into a non-profit organisation without the consent of all the shareholders.⁵⁵⁴

^3–4 …⁵⁵⁵

⁵ A court judgment that annuls a resolution made by the general meeting is effective for and against all the shareholders.

⁵⁵⁴ Amended by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 (AS 1992 733; BBl 1983 II 745).

⁵⁵⁵ Repealed by No I of the FA of 4 Oct. 1991, with effect from 1 July 1992 (AS 1992 733; BBl 1983 II 745).

Art. 704a 3. Umwandlung von Inhaber- in Namenaktien

Der Beschluss der Generalversammlung über die Umwandlung von Inhaberaktien in Namenaktien kann mit der Mehrheit der abgegebenen Stimmen gefasst werden. Die Statuten dürfen die Umwandlung nicht erschweren.

⁵⁴⁹ Eingefügt durch Ziff. I 2 des BG vom 12. Dez. 2014 zur Umsetzung der 2012 revidierten Empfehlungen der Groupe d’action financière, in Kraft seit 1. Juli 2015 (AS 2015 1389; BBl 2014 605).

This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.
Dies ist keine amtliche Veröffentlichung. Massgebend ist allein die Veröffentlichung durch die Bundeskanzlei.